Sun Life Global Investments (Canada) announced Oct. 26 the launch of Sun Life Tactical ETF Portfolios. This lineup of five new mutual fund portfolios invests in exchange-traded funds and other mutual funds, which are actively managed by the company's portfolio management team.

"ETFs have become increasingly popular with Canadians as a way to invest and we're excited to launch this new portfolio lineup," said Sadiq S. Adatia, Chief Investment Officer, Sun Life Global Investments. "The Sun Life Tactical ETF Portfolios offer Clients the benefits of investing in ETFs with the peace of mind provided by our experienced team who will actively manage these portfolios while navigating market conditions."

The new portfolios are aimed at investors seeking exposure to ETFs within the structure of an actively managed mutual fund. “They offer clients value, access and strategic and tactical asset allocation with broad diversification,” says the company.